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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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8B, Hayes Lane, Stourbridge is recorded publicly as a modern leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8B, Hayes Lane, Stourbridge is £119,414 and its rental estimate is £714 per month, given the available information and assuming reasonable condition.
8, Hayes Lane is a residential building on Hayes Lane, Stourbridge, DY9 and falls within the DY9 postal district and the borough of Dudley.
8B, Hayes Lane, Stourbridge has a single entry in the Land Registry from July 2008 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8B, Hayes Lane, Stourbridge, we estimate a market value of £125,384 and a rental value of £750 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £111,055 and £664 per month respectively.
Over the last year, 8B, Hayes Lane, Stourbridge has seen its estimated sale value fall by £2,612 (2.2%) and its estimated rental value move up by £17 per month (2.3%). This results in an estimated gross rental yield of 7.2%.
8B, Hayes Lane, Stourbridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8B, Hayes Lane, Stourbridge completed on 23rd July 2008 at £87,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 105.2% over the period since July 2008.
Over the past 2 years 3 properties similar to 8B, Hayes Lane, Stourbridge have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2024, was 4A, Hayes Lane, Stourbridge, DY9 8RD, a leasehold flat which sold for £1,500,000.
Read more about house prices in DY9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 54 addresses on Hayes Lane, Stourbridge, DY9, 8B, Hayes Lane, Stourbridge comes out as the 42nd largest and the 48th most expensive in our analysis of the public data.
It is also £236k less expensive than the average property across the DY9 district.
From 8B, Hayes Lane, Stourbridge, the nearest station is Lye (West Midlands), 900 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8B, Hayes Lane, Stourbridge, 43.3% of property is privately rented and 32.8% is privately owned outright.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8B, Hayes Lane, Stourbridge, 31.7% of residents are recorded as possessing school level qualifications and 19.3% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8B, Hayes Lane, Stourbridge, the average age was 39.7 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8B, Hayes Lane, Stourbridge, 0.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8B, Hayes Lane, Stourbridge, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
